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tv   [untitled]    November 29, 2012 4:00pm-4:30pm EST

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today on our t.v. age of technology hasn't brought about innovation as some never imagined possible while the industry of all the laws that regulate it and the government's access to it remain antiquated but that could all change very soon the latest on the vote to ban the electronic communications privacy act straight ahead. plus it's day three of the pretrial hearings for the alleged wiki leaks or bradley manning the private first class took the stand today to testify about his treatment while and in detention the details coming up. and drill baby drill not something you would expect from a democrat but that's exactly the message president obama is sending to oil companies in the gulf coast that will tell you about the new was drilling far the
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obama administration lease out in the gulf coast. it's thursday november twenty ninth four pm here in washington d.c. i'm liz wall and you're watching r t. well yesterday in the same superdome in new orleans the host said president obama decide residents displaced by hurricane katrina the u.s. government auctioned off lots of drilling rights to the highest bidder the e.p.a. did bar one company from the auction british petroleum the company responsible for the deepwater horizon accident in two thousand and ten killing eleven employees and stealing up to four point nine million barrels of oil into the gulf of mexico other oil companies made off better at the auction chevron with the single highest bid of seventeen point two million dollars won the right to drill in the western gulf of
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mexico about one hundred forty miles south of galveston texas chevron got the top prize conoco phillips will also pay fifty one point eight million dollars for sixty two tracks in the gulf and if you look at the top two institutional investors for both companies you'll see something some interesting similarities state street corporation and bang guard both holding companies own them or most corporate shares of the two all the top thirteen oil companies submitted nearly one hundred fifty eight million dollars in beds the auction kicks off the obama administration's new five year plan for leasing the continental shelf all part of the goal to make the u.s. energy independent by the year two thousand and twenty but if all of the drilling is done by or oil companies including those like b.p. which are owned overseas is this really energy independence talk about this we have chris williams professor of physics and chemistry at pace university welcome chris
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so looks like the u.s. will be producing more oil this is right on track with a report saying that the united states will be the largest oil producer by the year two thousand and fifteen not too far off here but does being the largest oil producer is not the same thing as being energy independent. well i mean one would question whether one even wants to carry on producing oil actually. the last year the more drilling leases handed out last year in two thousand and eleven than there were in two thousand and seven under george w. bush so it's not too surprising that obama would carry on handing out the leases and citibank did say that in the report that you mentioned that quote the u.s. could be the new middle east by twenty twenty and outpace the output of saudi arabia which is kind of quite phenomenal but what it really means is more carbon
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dioxide into the atmosphere on more the risk of further spills such as resource in two thousand and ten with b.p. because not only are they drilling off the shore deeper and deeper in the gulf but they're also wanting to drill for the first time offshore in the arctic too in that kind of pristine very fragile environment so many other reports most recently by the wolf bank say that we are headed towards a catastrophic level of global warming four degrees annually sorry for degrees by the next fifty years or so and so primarily that's from burning fossil fuels so i would question the logic of. burning more fuel in the first place let alone the question of when you when you think about how rich the united states is in terms of solar and wind power why don't we developing those as opposed to pouring more billions of dollars into oil companies which are the most profitable organizations
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pretty much on the planet now energy independence this is something that ministrations for a long time have been working towards and kind of seems to be the ideal i mean especially with the turmoil that we're seeing in the middle east. and the fluctuation of oil prices. wouldn't that be the goal for the u.s. to be energy independence are there are drawbacks to that. well i think it matters while you decide how you're deciding your mix of fuels if we're still relying on fossil fuels i don't see the united states pulling out of its bases in the middle east and having. soldiers in iraq for example many it's impossible to explain iraq without talking about oil for starters so energy independence i'm all for. the the idea of energy independence but not if it's based on more of the same fossil fuels because the reality is part of the reason that the united states is able to
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produce more oil is because it's drilling in places that it never used to drill before it's also fracking for natural gas which means that natural gas has decreased. coal can be exported and coal is being exported in large quantities to places like china for example which is now ramping up its own own coal production which is adding to c o two emissions and then the u.s. turns around and says well look china's not doing anything about carbon dioxide emissions the burning the burning more more coal but it's actually u.s. coal burning so i don't see scouring the earth for more and more oil which is not a renewable resource is any kind of future full planet i mean if we really wanted to be really energy independent why don't we rely on the sun and the wind and some mix of alternatives as opposed to pouring more billions of dollars into into a technology that we know is threatening the whole by a sphere i don't want
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a debate over whether wind and solar is a sufficient and feasible and affordable a lot of people say that drilling is the way to go if we do want to become energy independent i just ask you chris because some people are impressed that the e.p.a. is now punishing b.p. for deepwater horizon but some financial analysts doubt that the london based company suspension from the u.s. for. all government contrasts to contracts will last i want to read this quote it's from wells fargo estates we would be surprised if this is spent in lasted beyond a few weeks or months leaving no discernible effect on b.p.'s drilling or development pipeline that's according to wiles fargo analysts so what do you think creswell the e.p.a. stand firm on this one i very much doubt it if you look back at what happened with the exxon valdez spill it didn't take long for exon to be back in the game and the
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fines that they pay ended up being quite minimal a lot of people have been talking about this story level of fines to b.p. it for an awfully in dollars so far and yet they've made. forty five billion dollars since that time in the nine quarters since that spill so the fine so far represents ten percent of b.p.'s profits which is hardly likely to deter them from asking for a mole permits and they are the major company in the arctic for example drilling up there and have been for many years so i would concur with that with the conclusion that you just read out that i would start looking for new permits for b.p. to be drilling in the gulf within the next few months for sure all right b.p. like other companies oil companies our own international their multinational companies so if it is b.p. and these other companies that are drilling what it really make us energy and
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independent. even if it's foreign owned oil companies that are doing the drilling yes exactly. i mean i think that. potentially if you say that energy independence means you're extracting the fuel from your own country or from your own nation somewhere and all sure that if you define energy independence that way then yes but if it's a foreign company that's doing it then you could question whether that really is independence. but b.p. is as multinational as exxon as conoco phillips you as you pointed out two of the major oil companies have the same actually a major sponsors in terms of the shareholders so it's true that the u.s. is on course for massive expansion of its ability to drill for oil and its own domestic production whether that will lead to less international strife and war
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over natural resources such as oil i think is highly disputable and open to a lot of debate. really interesting i guess the debate is going to continue precipitation you coming on the show that was chris williams a professor of physics and chemistry at pace university. all the government can come in and search your home without a warrant so should the same rules apply to searching your emails and cell phones that's a question congress is looking at today the senate judiciary committee has voted on making changes to the electronic communications privacy act the law passed in one thousand nine hundred sixty regulates how the government can monitor digital communications but these days americans live their lives have drastically expanded and the cyber and digital world this is raising questions as to how far authorities can go in searching the vast amounts of information stored in cyberspace. well the proposed amendment would require police to get a warrant if they want to sift through your personal online or cellphone
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information for more let's go now to our two white house correspondent. is on capitol hill hi there christine. so first i want to ask you what the latest is there on this bill. well the latest that the bill has passed out of the senate judiciary committee as of this morning this is in the eyes of a whole lot of people here the first major hurdle of course the bill has yet to face the full senate and the house but as of now what this says is that yes as you mentioned how police and other federal agencies must obtain a warrant and able to in order to have access to any individual's electronic communications we're talking about stuff that's stored in your g. mail google docs and facebook and twitter before the law was much different and it's really crazy to think that we have gone this long but the last version of this bill was as you said back in one nine hundred eighty six it's twenty twelve now and
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they have finally done this and something important that i should mention is that as of just a few days ago there was some different language in the bill that made it so that twenty two agencies federal agencies like the federal communications commission the securities and exchange commission would have been able to obtain information simply by saying it was necessary to an investigation they would have been able to do this without a warrant that language has now been removed privacy rights advocates people with the american civil liberties union a lot of libertarian organizations even grover norquist whose name we've been hearing quite a lot the president of americans for tax reform all of these sort of different fashions of come together and they've said you know what this is a good thing that the government should not be able to do this without giving permission just one other aspect of the bill i want to mention is that if they do obtain a warrant language in the bills that unless there's a threat to. homeland security that they have to let the person know they have to
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let you know if they in fact get a warrant to get your electronic communication so really a victory in the eyes of quite a few privacy rights advocates now the president on the senate judiciary committee concert played me a democrat from vermont he's been around for. quite a long time now when he when the when this first bill was passed i spoke to his office a little while ago he says this is a huge victory this is much needed progress he spoke on camera just a little while ago. americans face even greater threats. in the expansion of the government's. power. i might say those powers. not just the federal government but state governments. well currently and until this bill becomes law it would it was very easy for agencies to get access to anything that's been stored on the third server third
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party server for more than one hundred eighty days so that's about six months if you've kept something as we do list as most of us do often keep e-mails and private communications because as we know we have so much storage so this was so much easier to be able to get what they would call an administrative subpoena and they simply have to say this information it could be useful to an investigation well that is no longer if this bill does end up passing they will have to obtain a warrant well chris it sounds like there is a lot at stake here especially since a lot of us conduct a lot of our lives online what kind of concerns that does this raise in terms of our americans fourth amendment rights. well i mean quite a few and it's very simple i mean the bottom line is for so many people in so many different federal agencies to simply be able to say you know this could be helpful
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or useful in an investigation. that could be anyone that could be you that could be me that could be anyone and it has been that way for years now i'm sure you know people involved in the general petraeus scandal would have preferred that this legislation would have already been passed it's really crazy to think i mean think back to one thousand nine hundred six was a lot of our viewers first of all weren't even born then crocodile dundee and top gun where the top two movies of that year and nobody knew anyone other than people in deep into government or the idea world we even knew what the internet was information stored electronically for more than one hundred eighty days back then was unheard of and mostly it would seem to be forgotten about today you know i can find e-mails from years and years ago in one of my email addresses so it it's just a needed piece of legislation and it's just crazy to think it's taken this long while christina you mentioned those movies that really does put into perspective
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that time certainly have changed. so i think it's pretty clear that this law as it stands the e.c.p.a. has become pretty outdated. well it has and we should you know really hammer home that has just passed the first hurdle it has just gotten out of committee today and it got out of committee with the removal of that language that would have made it much easier for some of these federal agencies to have access to electronic communication without a warrant again privacy rights advocates celebrating that but the bottom line is yes it is totally outdated and this isn't the only thing was there are so many other things with our everyday use of the internet with you know and certainly at our t. we talk a lot about cyber security but this is the first step and the senate has taken and they've done so in a way that those concerned about individual privacy are happy with they say that we're moving in the right direction but you know the full senate is not expected to
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vote on this probably until the new session so again just a first step by today's action ok and if it does indeed passage doesn't look like it don't have the backing of the white house. well it's really interesting because there are some people within the justice department even that say yeah this may be great for privacy advocates but this is anti law enforcement this is anti you know tough on crime a lot of people that wanted tougher restrictions and wanted it to be easier to get access to electronic communications say this is needed for law enforcement so so again we do think and it's looking like that despite the language that it passed with today out of committee that there could be some amendments added on to it to make it. you know easier once again as we know things work here in washington on capitol hill there's a lot of back and forth a lot of removing amendments and adding amendments and changing the wording so
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again it's a small step forward for those in favor of privacy but it has a long way to go before it does become law so again even people within the white house within the justice department do want to see some some changes that make it a little easier for some long force and agencies right christine thanks for staying on top of this very important piece of legislation that was the white house correspondent christine for that. and now an update to a case we have been following closely for some time the case of bradley manning a military judge has accepted the terms of manning's plea which was submitted earlier this month where he would plead guilty to some charges of sending classified material to wiki leaks the judge has not formally accepted the plea but has approved the language of the offenses manning would admit to and those charges would carry a maximum prison sentence of sixteen years old just moments ago the private first
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class took to the stand for the first time in his pretrial hearing in fort meade appearing nervous manning answered questions about his arrest in baghdad in two thousand and ten and the ensuing treatment he received while in detention while in court lawyers for the defense drew up a life size outlines of his cell and quantico manning reportedly walked around the outlying describing the different aspects of his cell while donning a bulky suicide smock he was made to wear so many defense team argues that the charges against the army private should be dropped completely they say he was punished enough while he was in conoco they allege harsh and torturous conditions while locked up in solitary confinement including for sleep deprivation and forced nudity it's unclear whether prosecutors will continue to pursue other counts the most serious of which is aiding the enemy if convicted of that charge manning could be looking at life behind bars we'll keep you posted on the latest on this case and
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as a develops. well still ahead here on araa to you from the war on drugs to the war on musician singing about cartels two states in mexico have banned all pro drug cartel music as the suppression of free speech we'll tell you about the day the music died .
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i'm. going to. say. if you just put a picture of me when i was like nine years old i don't tell the truth. i'm a confession i'm a total get
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a i love driving hip hop music and pretty sure. that it was kind of a yesterday. i'm very proud of the role that all she has played. on the. efforts for a. let's just bring dries right right i mean it's like a derivative of actual pepper it's a food product essentially. that's what stronger than anything you buy a lot of. dolls and sometimes i'm stronger than any one of the over butchering of. america's drug war has fueled a wave of killing in mexico and also has led to
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a musical movement which graphically describes the exploits of drug kingpins narco destined to become the new rap music here in the u.s. but it's banned in many parts of mexico these are the states where the music is off limits seen a low end chihuahua make up the so-called golden triangle a drug trafficking hotspot artie's or mongol endo shows us how censorship of these drug songs affects the u.s. . with the sounds of to lose and accordions larry these old style commuters are not singing of romance and love instead the crowd in los angeles is cheering for the music which talks about drug smuggling and shooting their rivals dead i think. i see equivalents who were running as if this is banished and the promoters of
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these mexican drug ballads hope to be even bigger than hip hop in the u.s. many of these drug ballads are recorded in los angeles but banned in the mexican states of chihuahua once in the lower the violent and gritty lyrics are attracting huge crowds in benny's across the u.s. as they promote and celebrate the lives of mexico's most wanted drug lords. but it's really the true down there on the most the moment there we have bad guys they're really good guys helping out there in their cities and their wherever they are from. more than fifteen thousand people have been killed in mexico's drug war the last five years the country has militarized many of its urban centers at a cost of more than one billion dollars to the u.s. taxpayer it is this government crackdown which has given mexico's drug outlaws a roic image that's always something exciting and it particularly exciting for people in the law. because you know both but i think we're fighting back and we're
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brave and we're standing up now and when he says if i lose my place put on ice it's not. here in los angeles or baghdad they're not above forty dollars concert i don't like this are actually illegal in parts of mexico but that drug war lyrics are a big hit of frost the u.s. . say the true. people seem to like him killed all over the world. mexico's censorship but the music has only increased its popularity in the us which is in the middle of the prescription drug addiction at the demick so a lot of that it's really become desperate another word oxycontin go to how much of the heroin consumed in the us is smokers didn't do mexico anti drug activists alex
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to take feels glamorizing the narco culture will only hurt younger generation it's more glamorous to be a dope dealer and a criminal and a murderer because lawyers and doctors they're not cool the imagery in this drug music is not new to us audiences which have historically brought into the picture here what i thought was that these songs make it seem exciting young guys think of that world like thank you we know what the scar. even a hollywood has tried to cash in on the narco culture. and as this music becomes more mainstream and the drug war continues to rage. it's likely that mark and using sound will be sitting. with the speakers of us he's a call. saying that. in los angeles ramon good lindo r t. well coming up next on our tails the capital account with
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a lauren lester let's check in with lauren to see what's on today's agenda lauren hi liz fiscal cliff i'm sure you're sick of hearing about it i'm sick of talking about it and it's going to continue to go on but these are not the only deadlines that are looming in washington that could affect so many people and we will get into some of these in just a few minutes we have deadlines that could in fact affect investors and what i would dead maybe a regulatory cliff and where they are. they could go off of it and be forced into the ravine of government debt so we'll outline this in a few minutes plus g.d.p. numbers came out the revisions well question the whole premise of g.d.p. as a gauge of growth or health of an economy that's in that is an interesting question you raise there lauren thank you that's a coming up next on the capital account with lauren lister but that's going to do it for the news for more on the stories we cover check out our you tube channel you tube dot com slash our team america you can also check out our website that's our
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t.v. dot com slash usa and you can follow me on twitter at as wall we'll be right back here in a half hour. we'll see british science on. sometimes. markets why not. find out what's really happening to the global economy with my next concert no holds barred look at the global financial headlines tune into kaiser report on our.
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